Acteon

This Norwich company specialises in providing the oil and gas industry with technology for linking the seabed to the surface. Since leading a secondary buyout in 2006, backed by First Reserve, group chief executive Richard Higham has made four acquisitions, including three subsea service firms. Profits have grown 68% a year, from £4.4m in 2003 to £20.8m in 2006.

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Company details
Year2008
Rank39
CompanyActeon
ActivitySubsea services provider
LocationNorwich
Annual profit growth67.54%
Latest profits £000s20,759
Latest sales £000s121,507
Staff566
Founded1989
Websitewww.acteon.com

If applicable:

* supplied by company † annualised figure